Welcome to Auto Parts Forum

Thanks for visiting our brand new online forum for automotive parts. We are just starting to build content and invite you to join us here in our new online discussion forum for automotive parts topics. Whether you are a veteran automotive parts guru or just someone looking for some quick auto parts advice, register today and start a new topic in our forum. Registration is free and you can even do it with social network platforms such as Facebook, Twitter, Google, and LinkedIn.

AutoZone Authorizes Additional Stock Repurchase

Recommended Posts

MEMPHIS, Tenn., March 21, 2017 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE:AZO), today announced its Board of Directors authorized the repurchase of an additional $750 million of the Company’s common stock in connection with its ongoing share repurchase program. Since the inception of the repurchase program in 1998, and including the above amount, AutoZone’s Board of Directors has authorized $18.7 billion.
“AutoZone’s continued strong financial performance allows us to repurchase our stock while maintaining our investment grade credit ratings,” said Bill Giles, Executive Vice President, Chief Financial Officer and Information Technology. “We remain committed to utilizing share repurchases ...